Best Time Tracking and Invoicing Software Shortlist
Here’s my shortlist of the best time tracking and invoicing software:
Tired of time tracking and invoicing software that feels like more work than it’s worth? Messy timesheets, invoice mistakes, and late payments don’t just slow you down—they hurt your bottom line. You need a tool that tracks hours effortlessly, automates invoicing, and keeps cash flow steady without the extra hassle.
I’ve spent years as a financial controller sorting through software that promises automation but ends up creating more stress. The best tools actually make life easier—saving you time, improving accuracy, and keeping billing frustration-free.
To make your search easier, I tested and reviewed the top time tracking and invoicing software out there. These picks will simplify tracking, speed up invoicing, and help you stay on top of your finances. Let’s find the right one for you!
Table of Contents
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Best Time Tracking and Invoicing Software Summary
This comparison chart summarizes pricing details for my top time tracking and invoicing software selections to help you find the best one for your budget and business needs.
| Tool | Best For | Trial Info | Price | ||
|---|---|---|---|---|---|
| 1 | Best for automatic time mapping | Free 7-day trial | From $6.40/seat/month (billed annually) | Website | |
| 2 | Best for real-time profitability tracking | 14-day free trial available | From $10/user/month (billed annually) | Website | |
| 3 | Best for online timesheets | Free 10-day trial + free demo available | From $6.49/user/month (billed annually) | Website | |
| 4 | Best for built-in billing & invoicing tools | Free plan + free trial available | From $6/user/month (billed annually) | Website | |
| 5 | Best for accounting firms | Free demo available | From $59/user/month (billed annually) | Website | |
| 6 | Best for automatic time tracking | 14-day free trial + free plan + free demo available | From $2.49/user/month (billed annually) | Website | |
| 7 | Best for detailed billing reports | Free 14-day trial + free plan + free demo available | From $5/user/month (billed annually) | Website | |
| 8 | Best for unlimited users | Free 7-day trial + free plan + free demo available | From $5.49/user/month (billed annually) | Website | |
| 9 | Best for invoicing automation | Free plan + free demo available | From $0/month | Website | |
| 10 | Best for small business accounting | 30-day free trial available | From $3.75/month | Website |
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LiveFlow
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.9 -
Float Financial
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.1 -
Creatio CRM
Visit WebsiteThis is an aggregated rating for this tool including ratings from Crozdesk users and ratings from other sites.4.7
Best Time Tracking and Invoicing Software Review
Below are my detailed summaries of the best time tracking and invoicing software that made it onto my shortlist. My reviews offer an in-depth look at the key features, pros u0026amp; cons, integrations, and ideal use cases of each tool to help you find the best one for you.
Insightful is a time tracking and invoicing platform that helps you monitor work activity and ensure accurate billing. It automatically records time spent on tasks, giving you a complete view of productivity across your team. With tools for both time tracking and invoice generation, it’s especially useful for businesses managing remote or hybrid teams.
Why I Picked Insightful: I picked Insightful because its automatic time mapping captures every minute of work in real time, reducing manual input errors and ensuring your invoices reflect accurate billable hours. It’s also ideal if you manage distributed teams, since real-time monitoring and detailed activity logs help you understand how work time is spent without micromanagement. I like that it combines productivity analytics with invoicing tools, making it easier to see where time goes and how it translates into revenue.
Standout Features & Integrations:
Features include automatic time mapping for precise tracking, employee monitoring for visibility into team activity, and proactive productivity management that helps you identify workflow bottlenecks before they impact delivery.
Integrations include Asana, BambooHR, BigQuery, ClickUp, Jira, Aha, Zoho BugTracker, Basecamp, Shortcut, Linear, Sage HR, and Teamwork.
Pros and Cons
Pros:
- Strong remote team visibility
- Detailed activity analytics
- Effective automatic time mapping
Cons:
- Setup can be complex
- Limited mobile access
In the fast-paced world of business, Productive emerges as a versatile solution tailored for agencies, consultancies, and service-oriented businesses seeking to optimize their time tracking and invoicing processes. If you are looking to enhance operational efficiency and profitability, Productive offers real-time insights and centralized communication, addressing the critical need for seamless project and financial management. With its focus on industries like IT services, architecture, and accounting, Productive is designed to help you streamline operations and make informed decisions with confidence.
Why I Picked Productive
I picked Productive for its targeted approach to solving the intricate challenges of time tracking and invoicing. The platform stands out with its real-time profitability tracking, allowing you to monitor costs, revenue, and margins. Additionally, its invoicing features are tailored for multi-currency support and automated reminders for late payments, addressing the common need for efficient financial management. These features, combined with its seamless integration with accounting tools like Xero and QuickBooks, make Productive an ideal choice for businesses looking to simplify their billing and financial processes.
Productive Key Features
In addition to its standout invoicing capabilities, I also found several other features that enhance its utility as a time tracking and invoicing tool.
- Resource Planning: This feature helps you allocate resources effectively to avoid bottlenecks and optimize team schedules.
- Project Management: Track project progress and coordinate tasks seamlessly with built-in project management tools.
- Budgeting: Gain insights into your financial health with budgeting tools that allow you to plan and forecast with precision.
- Reporting: Access tailored reports for better visibility into business performance and profitability insights.
Productive Integrations
Integrations include Xero, Slack, QuickBooks, Google Calendar, Jira, Asana, Trello, Microsoft Teams, Dropbox, and HubSpot. An API is available for custom integrations.
Pros and Cons
Pros:
- Integrated time and billing
- Multi-currency invoicing support
- Real-time profitability visibility
Cons:
- Learning curve for small teams
- No free plan available
New Product Updates from Productive
Productive Introduces Resource Request Feature
Productive introduces a resource request feature that helps teams request and allocate resources more efficiently. For more information, visit Productive's official site.
Monitask targets professionals and businesses that want to simplify time tracking and invoicing. It works for freelancers managing multiple clients as well as managers overseeing remote teams. The interface is straightforward, making it easy to track hours and manage projects. Its customizable invoicing tools let you convert tracked time into professional invoices, helping ensure accurate billing while supporting day-to-day productivity.
Why I Picked Monitask
I picked Monitask because it directly connects time tracking with invoicing, which is especially useful for anyone handling both. The time tracking interface is easy to use and makes it simple to record hours accurately. Monitask also includes customizable invoicing, so invoices can be adjusted to meet specific client needs. Together, these features address the common challenge of keeping time tracking and billing in sync, making Monitask a practical choice for this use case.
Monitask Key Features
In addition to its invoicing capabilities, Monitask provides several other features that enhance its utility as a time tracking and invoicing software:
- Online Timesheets: Generate and manage timesheets easily for all employees.
- Remote Monitoring: Use proof-of-work screenshots and activity tracking to efficiently manage remote teams.
- Employee Attendance Software: Track attendance to ensure accurate workforce management.
- Workforce Analytics Software: Gain insights to optimize productivity and staffing.
Monitask Integrations
Native integrations are not currently listed by Monitask.
Pros and Cons
Pros:
- Useful for remote team oversight
- Detailed time tracking reports
- Clear productivity performance data
Cons:
- Lacks rewards or incentives
- No built-in recognition tools
actiTIME is a versatile software that offers solutions for time tracking and invoicing, making it a valuable tool for businesses looking to manage their projects and finances. It's designed to cater to various industries, providing the necessary features to keep track of time and manage billing.
Why I Picked actiTIME: I picked actiTIME because it helps you track time accurately across tasks and projects, so you always know where your team’s efforts are going. You can log hours, manage workloads, and stay aligned with project timelines. The built-in billing and invoicing tools also make it easier to handle client payments and reduce manual work. I also like that you can track budgets and project progress in real time, which helps you avoid overspending and keep things moving smoothly. Plus, the customizable workflows let you tailor the system to match how your team works best.
Standout Features & Integrations:
Features include performance analytics, which provides insights into productivity trends and project profitability, helping you understand where improvements can be made. The leave management feature offers customizable leave policies and automated PTO tracking, ensuring that team resources are managed effectively without manual intervention. Billing and cost analysis generate billing reports and calculate payroll, streamlining the financial aspects of your projects and ensuring that you can focus on the work that matters.
Integrations include QuickBooks and Zapier.
Pros and Cons
Pros:
- Simple manual time entries
- Easy project setup
- Customizable billing rates
Cons:
- Limited advanced features
- Basic user interface
New Product Updates from actiTIME
actiTIME's Enhanced Custom Field Imports and Timesheet Settings
actiTIME enhances project setup and daily tracking with new custom fields import and refined timesheet & calendar settings. These updates help you keep all your task data in sync and view your workday the way you want. For more information, visit actiTIME's official site.
Karbon is a practice management software designed for accounting firms and professional service teams. It helps manage workflows, tasks, and improve collaboration among team members.
Why I picked Karbon: Karbon is best for accounting firms offering features like email integration and task management. The email integration option allows you to manage client communications directly within the platform, which is important for maintaining organized correspondence. Additionally, its task management feature helps you assign and track tasks efficiently across your team.
Standout features & integrations:
Features include workflow automation, which reduces manual work and increases efficiency. The time tracking feature helps you monitor billable hours accurately. Karbon also offers detailed analytics, providing insights into team performance and project progress.
Integrations include QuickBooks Online, Xero, Slack, Microsoft 365, Google Workspace, Outlook, Gmail, Zapier, Practice Ignition, and TSheets.
Pros and Cons
Pros:
- Email integration for client communication
- Centralized platform for document sharing
- Task management for efficient workflow
Cons:
- Complex initial setup process
- Mobile app lacks full functionality
TimeCamp is a time tracking and invoicing software aimed at freelancers and small businesses. It automates time tracking and helps manage billing, making it easier to keep track of work hours and invoices.
Why I picked TimeCamp: TimeCamp offers automatic time tracking, which minimizes manual input and saves you time. The platform’s main features allows you to track time spent on different tasks without having to start or stop the timer manually. It also generates detailed reports, providing insights into productivity and time usage. Plus, TimeCamp’s invoicing capabilities help you convert tracked hours into invoices effortlessly.
Standout features & integrations:
Features include a graphical timesheet that provides a visual overview of your work hours. The attendance tracking feature helps you monitor team presence and punctuality. TimeCamp also offers project budgeting, allowing you to keep track of costs and ensure projects stay within budget.
Integrations include Trello, Asana, Slack, QuickBooks, Xero, monday.com, Jira, GitHub, Evernote, and Google Calendar.
Pros and Cons
Pros:
- Attendance tracking for team monitoring
- Detailed productivity reports available
- Invoicing capabilities for tracked hours
Cons:
- Initial setup can be complex
- Occasional performance lags
TMetric is a time tracking and billing software designed for freelancers and small to medium-sized businesses. It helps users track time, manage tasks, and generate detailed billing reports.
Why I picked TMetric: TMetric offers detailed billing reports, which are essential for accurate invoicing and financial management. The software’s time tracking feature allows you to log hours with precision, ensuring you bill clients accurately. It also provides project management capabilities, helping you keep tasks organized and on track.
Standout features & integrations:
Features include manual time entry, which allows you to add time entries for past work. The budgeting feature helps you set financial limits for projects to avoid overspending. TMetric also offers activity tracking, providing insights into how time is spent on tasks.
Integrations include Asana, Trello, Jira, Slack, QuickBooks, GitHub, Bitbucket, Freshdesk, Microsoft Outlook, and Google Calendar.
Pros and Cons
Pros:
- Detailed billing reports for accurate invoicing
- Manual time entry for flexibility
- Budgeting feature for project limits
Cons:
- Initial setup can be complex
- Learning curve for new users
Clockify is a time tracking software that caters to businesses of all sizes, offering features that help manage time and billing. It allows teams to track work hours (billable and non-billable hours), manage projects, and generate detailed reports.
Why I picked Clockify: Clockify supports unlimited users, making it ideal for growing teams without extra costs. It offers features like project time tracking and detailed reporting, which help you understand how time is spent, while the software’s dashboard provides a clear view of activities, aiding in better project management. Overall, this type of flexibility ensures Clockify can successfully adapt to your team's needs.
Standout features & integrations:
Features include a visual timesheet that helps you see where time is going. The project dashboard gives you an overview of your team's activities and progress, while its customizable reports let you analyze data to improve productivity.
Integrations include Asana, Trello, Slack, Jira, monday.com, QuickBooks, Notion, Microsoft Teams, Todoist, and Google Calendar.
Pros and Cons
Pros:
- Customizable reports for insights
- Flexible for team growth
- Detailed project dashboard
Cons:
- Limited offline capabilities
- Learning curve for new users
Zoho Invoice is an invoicing and billing software designed for small businesses and freelancers. It helps users automate billing processes, manage invoices, and track time effectively.
Why I picked Zoho Invoice: Zoho Invoice excels in invoicing automation, which simplifies your billing tasks. It offers recurring invoicing, allowing you to set up automatic billing for regular clients, while its customizable templates ensure your invoices match your brand's style. Zoho Invoice also provides a client portal where your clients can view and pay invoices online, enhancing the payment process.
Standout features & integrations:
Features include multi-currency support, which is helpful for businesses dealing with international clients. The expense tracking feature lets you monitor and record expenses efficiently. Zoho Invoice also provides detailed reporting, giving you insights into your financial health.
Integrations include Zoho CRM, Zoho Books, PayPal, Stripe, G Suite, Slack, Zapier, Office 365, Dropbox, and OneDrive.
Pros and Cons
Pros:
- Recurring invoicing for regular clients
- Multi-currency support for international business
- Detailed financial reporting
Cons:
- Limited advanced features
- Some customization options are limited
Xero is an accounting software designed for small businesses and sole traders. It handles bookkeeping, invoicing, and financial management, making it a valuable tool for those needing efficient accounting solutions.
Why I picked Xero: Xero’s particularly suited for small business accounting, offering features like automated bookkeeping and smart data insights. The software provides secure cloud storage, which is essential for businesses looking to protect their financial data. It also includes tools tailored to industries like construction and retail, giving you flexibility in managing your finances.
Standout features & integrations:
Features include automated bookkeeping, which saves you time by handling routine tasks. Xero’s smart data insights help you make financial decisions, while its secure cloud storage ensures your data is protected and accessible when you need it.
Integrations include Shopify, HubSpot, Square, Stripe, PayPal, Gusto, Mailchimp, Vend, WorkflowMax, and Expensify.
Pros and Cons
Pros:
- Smart insights for financial decisions
- Secure cloud storage for data protection
- Onboarding support and expert advisors
Cons:
- Limited customization options
- Learning curve for new users
New Product Updates from Xero
Xero Unveils New Analytics Features
Xero introduces new analytics dashboards and reporting features. These updates help small businesses better understand performance, trends, and financial health at a glance. For more information, visit Xero's official site.
Other Time Tracking and Invoicing Software
Here are some additional time tracking and invoicing software options that didn’t make it onto my shortlist, but are still worth checking out:
- FunctionFox
For creative teams
- Toggl Track
For simple time tracking
- Appolye
For remote team tracking
- Synerion
For workforce management
- Paymo
For project management integration
- Hubstaff
For custom invoicing
- QuickBooks Online
For accounting integration
- Rippling
For employee management
- Deltek Replicon Time
For enterprise time tracking
- Harvest
For project time tracking
- Clio
For legal practice management
- Teamwork
For team collaboration
- Keeper
For secure password protection
Time Tracking and Invoicing Software Selection Criteria
When selecting the best time tracking and invoicing software to include in this list, I considered common buyer needs and pain points like accurately tracking billable time and automating invoice generation. I also used the following framework to keep my evaluation structured and fair:
Core Functionality (25% of total score)
To be considered for inclusion in this list, each solution had to fulfill these common use cases:
- Track employee work hours
- Generate/send invoices from tracked time
- Support multiple billing rates
- Export timesheets for payroll processing
- Integrate with accounting software
Additional Standout Features (25% of total score)
To help further narrow down the competition, I also looked for unique features, such as:
- AI-powered time tracking suggestions
- GPS tracking for mobile workforce
- Customizable invoice templates
- Automatic late payment reminders
- Expense tracking with receipt uploads
Usability (10% of total score)
To get a sense of the usability of each system, I considered the following:
- Clean and intuitive interface
- Minimal setup required
- Mobile time tracking app availability
- Simple navigation between features
- Customizable dashboard views
Onboarding (10% of total score)
To evaluate the onboarding experience for each platform, I considered the following:
- Availability of video tutorials
- Interactive product tours
- Prebuilt invoice templates
- Onboarding webinars or guides
- Chatbot assistance for new users
Customer Support (10% of total score)
To assess each software provider’s customer support services, I considered the following:
- Availability of live chat support
- Email response time and quality
- 24/7 support options
- Active user community or forum
- Dedicated account manager for premium plans
Value For Money (10% of total score)
To evaluate the value for money of each platform, I considered the following:
- Transparent pricing with no hidden fees
- Free plan or trial availability
- Scalable pricing for different team sizes
- Features offered at each pricing tier
- Cost of add-ons or integrations
Customer Reviews (10% of total score)
To get a sense of overall customer satisfaction, I considered the following when reading customer reviews:
- Ease of use feedback from small businesses
- Reliability of time tracking accuracy
- Positive comments on invoice automation
- Common complaints about bugs or glitches
- Quality of customer support experiences
How to Choose Time Tracking and Invoicing Software
It’s easy to get bogged down in long feature lists and complex pricing structures. To help you stay focused as you work through your unique software selection process, here’s a checklist of factors to keep in mind:
| Factor | What to Consider |
| Scalability | Ensure the software can grow with your business. Look for solutions that can handle increasing users and data without a drop in performance. |
| Integrations | Check if the software integrates with tools you already use, like accounting software, project management apps, and CRM systems, to have smoother workflows. |
| Customizability | Consider if you can tailor the software to fit your specific needs. Customizable templates and reports can be particularly useful for unique business requirements. |
| Ease of Use | Evaluate the software's interface for simplicity. Your team should be able to navigate it without extensive training, saving time and reducing frustration. |
| Budget | Compare the pricing plans against your budget. Look for transparent pricing and consider the cost per user, especially if you have a large team. |
| Security Safeguards | Prioritize software with robust security features like data encryption and two-factor authentication to protect sensitive information. |
| Support Options | Check for available support channels, such as live chat or phone support, to ensure you can get help when needed. |
| Reporting Capabilities | Look for software that offers detailed reporting features to help you analyze time and billing data effectively. |
Trends in Time Tracking and Invoicing Software
In my research, I sourced countless product updates, press releases, and release logs from different time tracking and invoicing software vendors. Here are some of the emerging trends I’m keeping an eye on:
- AI-Powered Insights: More tools are using AI to analyze time and billing data, providing insights into productivity patterns and helping teams make better decisions. This trend is useful for businesses looking to optimize their operations and reduce inefficiencies.
- Voice Command Capabilities: Some software now allows users to start and stop timers using voice commands. This is especially valuable for professionals who need to manage time tracking while multitasking.
- Blockchain for Security: A few vendors are exploring blockchain technology to enhance data security and transparency in transactions. This trend is particularly relevant for businesses that handle sensitive financial data and require an extra layer of protection.
- Real-Time Collaboration: Tools are increasingly offering features that facilitate real-time collaboration on invoices and projects, allowing multiple users to work together and make updates instantly.
- Subscription Billing Models: Vendors are incorporating subscription billing capabilities, enabling businesses to automate recurring invoices and manage subscriptions efficiently. This trend addresses the growing demand for subscription-based services across various industries.
What Is Time Tracking and Invoicing Software?
Time tracking and invoicing software is a tool that helps businesses manage work hours and billing processes efficiently. Professionals like freelancers, small business owners, and project managers generally use these tools to ensure accurate billing and effective time management.
These tools generally include key features like automatic time tracking, invoicing capabilities, and real-time collaboration to support productivity and help users manage their work and finances efficiently. Overall, time tracking and invoicing software offer significant value by simplifying administrative tasks and improving financial accuracy.
Features
When selecting time tracking and invoicing software, keep an eye out for the following key features:
- Automatic Time Tracking: Captures work hours without manual input, ensuring precise and streamlined billing and time management.
- Invoicing Capabilities: Creates invoices from tracked time, enhancing the billing process.
- Real-Time Collaboration: Allows multiple users to work together on invoices and projects, enhancing teamwork and efficiency.
- AI-Powered Insights: Analyzes data to provide productivity patterns and decision-making support.
- Customizable Templates: Enables the personalization of invoices and reports to match business branding.
- Subscription Billing: Automates recurring invoices, simplifying subscription management for businesses.
- Idle Detection: Alerts users when time tracking is inactive, ensuring accurate time logs.
- Voice Command Capabilities: Offers hands-free time management, useful for multitasking professionals.
- Security Safeguards: Protects sensitive data with encryption and access controls, ensuring information safety.
Benefits
Implementing time tracking and invoicing software provides several benefits for your team and your business. Here are a few you can look forward to:
- Accurate Billing: Automatic time tracking and invoicing capabilities ensure that all billable hours are accounted for, reducing errors in client billing.
- Improved Productivity: AI-powered insights and real-time collaboration help teams identify inefficiencies and work together more effectively.
- Time Savings: Features like voice command capabilities and idle detection minimize manual tasks, freeing up time for more important work.
- Better Financial Management: Project budgeting tools keep track of expenses, helping prevent overspending and optimizing resource allocation and profitability.
- Enhanced Security: Security safeguards protect sensitive data, ensuring compliance with privacy standards.
- Efficient Subscription Management: Subscription billing automates recurring invoices, making it easier to manage ongoing client relationships.
- Custom Branding: Customizable templates allow you to personalize and create invoices and reports, maintaining a consistent brand image.
Costs and Pricing
Selecting time tracking and invoicing software requires an understanding of the various pricing models and plans available, ranging from free options to custom costs. Costs vary based on features, team size, add-ons, and more. The table below summarizes common plans, their average prices, and typical features included in time tracking and invoicing software solutions:
Plan Comparison Table for Time Tracking and Invoicing Software
| Plan Type | Average Price | Common Features |
| Free Plan | $0 | Basic time tracking, invoicing capabilities, and limited reports. |
| Personal Plan | $5-$25 /user /month | Time tracking, invoicing, project management, and basic reporting. |
| Business Plan | $25-$50 /user /month | Advanced reporting, integrations, team collaboration, and project budgeting. |
| Enterprise Plan | $50-$100+/user /month | Customizable features, dedicated support, security enhancements, and scalability. |
Time Tracking and Invoicing Software FAQs
Here are some answers to common questions about time tracking and invoicing software:
What is the best time tracking for invoicing?
The best time tracking software for invoicing will depend on your specific needs, but popular options like Clockify offer comprehensive features for tracking and invoicing billable hours. Look for tools that automate invoices and integrate with your existing systems to make the process smoother.
What are the benefits of real-time tracking?
Real-time tracking provides up-to-date information on work progress, helping you manage projects more effectively. It allows for timely adjustments and enhances productivity by giving accurate insights into how resources are used. This feature is beneficial for teams looking to optimize their workflow.
What is the primary method for recording your time providing services for a client?
Timesheets are commonly used to record time spent on client services, especially in service-based industries. They provide a detailed breakdown of activities, ensuring accurate billing based on actual work completed. This method helps maintain transparency with clients and supports precise invoicing.
How can time tracking improve productivity?
Time tracking helps identify where time is being spent and highlights areas of inefficiency. By analyzing this data, you can make informed decisions to optimize workflows and allocate resources better. This leads to improved productivity and more effective project management for your team.
What’s Next:
If you're in the process of researching time tracking and invoicing software, connect with a SoftwareSelect advisor for free recommendations.
You fill out a form and have a quick chat where they get into the specifics of your needs. Then you'll get a shortlist of software to review. They'll even support you through the entire buying process, including price negotiations.
